Properties

Features
: Natural Gas
: None
: Balcony
: Public Sewer
Address Map
US
IL
Cook
Chicago
60608
21st
1801
Place
W88° 19' 43.9''
N41° 51' 10.6''
Wood & 21st Place, Ashland south to 21st Place, west to Wood
CHI - Lower West Side
CHI - Lower West Side
W
W
MULTI
Neighborhood
Cooper Elementary School Dual La
Cooper Elementary School Dual La
299
Juarez High School
299
299
Additional Information
: Steel Siding , Aluminum Siding , Vinyl Siding
25X125
: Public
@properties Christie's International Real Estate
Anne Connolly Rief
Financial
15871.75
Listing Information
128806
15694
MRED
: List Broker Must Accompany
Listing Information
Active
2026-07-14T05:06:08Z
2026-07-14T05:05:21Z
Property Description

Rare 4-Unit in the Heart of Pilsen! Exceptional investment opportunity on an approximately 25′ x 125′ corner lot (per survey) with RT-4 zoning (buyer to verify). Rare opportunity to acquire a legal 3-unit PLUS a separate coach house in one of Chicago’s most sought-after investment neighborhoods. Coach house with front door direct access to Wood Street, allowing it to function much like a standalone single-family home. The front building offers a spacious first-floor duplex-down with soaring ceilings and finished lower level, a rear first-floor 2-bedroom with excellent duplex potential, and a bright, sun-filled second-floor 2-bedroom. The coach house features its own private entrance, lofted ceilings, a 2-bedroom/1-bath layout, and a full unfinished basement offering exceptional storage and future expansion potential. Substantially renovated in 2003, the property features separate electric service and HVAC for all four units. Additional improvements include a front building roof replacement (approximately six years ago) and a new furnace and central air system in the coach house (2025). Offered AS-IS, the property is ready for thoughtful updating and presents an outstanding value-add opportunity. Lovely long-term tenants provide stable in-place income while offering significant upside through future renovations, lease optimization, and rent growth. Current Gross Income: $44,280/year ($3,690/month) Current Rent Roll * Unit 1F: 1BR/1BA duplex-down | $1,100/month | Lease through 5/31/27 * Unit 1R: 2BR/1BA | $700/month | Month-to-month * Unit 2F: 2BR/1BA | $690/month | Month-to-month * Coach House: 2BR/1BA | $1,200/month | Month-to-month Three of the four units are month-to-month, providing immediate flexibility to implement a value-add strategy while maintaining current cash flow. Ideally located in the heart of Pilsen, just steps from the vibrant 18th Street corridor featuring neighborhood favorites including 5 Rabanitos, Los Comales, Pizza Nova, and Carniceria Maribel. Conveniently located near the CTA Pink Line, UIC, the Illinois Medical District, and Downtown Chicago. First showings by appointment only July 10, 11 & 12. Buyer to independently verify zoning, legal unit count, redevelopment potential, and all property information.

Residential Income For Sale

1801 W 21st Place, Chicago, Illinois 60608

  • Bedrooms : 7
  • Bathrooms : 4
$659,900
Listing ID#12644428
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12644428
Price : $659,900
Bedrooms : 7
Rooms : 21
Bathrooms : 4
Year Built : 1873
Listing Status : Active
Contact Agent